CHERRY TODD ELECTRIC COOPERATIVE INC

EIN: 460252750

MISSION, SD

Total Revenue
$16,578,803
Total Expenses
$16,578,803
Total Assets
$55,550,836
Net Assets
$18,796,133
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
SD
Principal Officer
TIMOTHY W GRABLANDER
Phone
6058564416
Tax Period
2024-01-01 to 2024-12-31

CHERRY TODD ELECTRIC COOPERATIVE INC, founded in 1948, is a mid-sized nonprofit that reported $15.7M in total revenue in fiscal year 2018.

Mission

TO SELL AND DISTRIBUTE ELECTRICITY TO MEMBERS IN A SAFE, RELIABLE, COST EFFECTIVE MANNER.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,195,498
Investment Income $381,518
Other Revenue $1,787
TOTAL REVENUE $16,578,803

Expense Breakdown

Grants Paid $0
Salaries & Benefits $919,315
Fundraising Expenses $0
Other Expenses $14,613,767
TOTAL EXPENSES $16,578,803

Year-over-Year Comparison

2024 2023 Change
Revenue $16,578,803 $15,423,391 +0.1%
Expenses $16,578,803 $15,423,391 +0.1%
Net Income $0 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
24
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$361,243
Total Directors
9
$45,375
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAWN BORDEAUX PRESIDENT 0.50
Officer Director
$4,950 $0 $4,950
JUSTIN BRICKNER VICE PRESIDENT 0.50
Officer Director
$7,975 $0 $7,975
JERRY FULLERTON DIRECTOR/SECRETARY (BEG SEP) 0.50
Officer Director
$9,900 $0 $9,900
WHITNEY MEEK TREASURER 0.50
Officer Director
$5,500 $0 $5,500
NOAH TUCKER DIRECTOR 0.50
Director
$3,850 $0 $3,850
DAN VALBURG DIRECTOR 0.50
Director
$3,025 $0 $3,025
AMANDA ANTOINE SECRETARY/DIRECTOR (BEG SEP) 0.50
Officer Director
$3,850 $0 $3,850
RONALD FREDERICK DIRECTOR (BEG SEP) 0.50
Director
$1,650 $0 $1,650
GLEN YELLOW EAGLE DIRECTOR (END SEP) 0.50
Director
$4,675 $0 $4,675
TIMOTHY GRABLANDER GENERAL MANAGER 40.00
Officer
$224,850 $104,218 $329,068
KOLBY KROGMAN CREW CHIEF 40.00
Highest
$117,933 $53,958 $171,891
MARK IYOTTE LINE SUPERINTENDENT 40.00
Highest
$115,703 $64,695 $180,398
DAVID PIPER CREW CHIEF 40.00
Highest
$115,418 $59,302 $174,720
CHRISTOPHER RAHN MEMBER SERVICES 40.00
Highest
$112,432 $63,401 $175,833
ROCKY WIEDMAN LINEMAN 40.00
Highest
$108,841 $64,349 $173,190
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $16,578,803 $16,578,803 $55,550,836 No data
2023 $15,423,391 $15,423,391 $52,123,938 No data
2022 $16,018,537 $16,018,537 $52,520,658 No data
2021 $14,401,814 $14,401,813 $51,647,261 $1
2020 $15,012,776 $15,012,776 $52,743,880 No data
2019 $15,176,929 $15,176,929 $53,567,636 No data
2018 $15,651,906 $15,651,906 $49,180,297 No data
Explore More Nonprofits
→Top 100 Nonprofits in South Dakota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHERRY TODD ELECTRIC COOPERATIVE INC with other nonprofits in South Dakota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.